Cim Lowers stake in CBOE Holdings Inc (CBOE)

CBOE Holdings Inc (CBOE) : Cim reduced its stake in CBOE Holdings Inc by 2.05% during the most recent quarter end. The investment management company now holds a total of 7,420 shares of CBOE Holdings Inc which is valued at $490,388 after selling 155 shares in CBOE Holdings Inc , the firm said in a disclosure report filed with the SEC on Oct 17, 2016.CBOE Holdings Inc makes up approximately 0.23% of Cim’s portfolio.

Other Hedge Funds, Including , Eagle Asset Management Inc reduced its stake in CBOE by selling 222 shares or 0.84% in the most recent quarter. The Hedge Fund company now holds 26,237 shares of CBOE which is valued at $1,760,503. CBOE Holdings Inc makes up approx 0.01% of Eagle Asset Management Inc’s portfolio.Legal General Group Plc boosted its stake in CBOE in the latest quarter, The investment management firm added 1,572 additional shares and now holds a total of 13,017 shares of CBOE Holdings Inc which is valued at $873,441.Nisa Investment Advisors reduced its stake in CBOE by selling 400 shares or 3.85% in the most recent quarter. The Hedge Fund company now holds 10,000 shares of CBOE which is valued at $671,000. CBOE Holdings Inc makes up approx 0.01% of Nisa Investment Advisors’s portfolio.Creative Planning boosted its stake in CBOE in the latest quarter, The investment management firm added 43 additional shares and now holds a total of 18,194 shares of CBOE Holdings Inc which is valued at $1,220,817. CBOE Holdings Inc makes up approx 0.01% of Creative Planning’s portfolio.

CBOE Holdings Inc opened for trading at $66.19 and hit $66.54 on the upside on Friday, eventually ending the session at $66.09, with a gain of 0.30% or 0.2 points. The heightened volatility saw the trading volume jump to 5,95,322 shares. Company has a market cap of $5,372 M.

On the company’s financial health, CBOE Holdings Inc reported $0.60 EPS for the quarter, based on the information available during the earnings call on Jul 29, 2016. Analyst had a consensus estimate of $0.60. The company had revenue of $163.30 million for the quarter, compared to analysts expectations of $162.53 million. The company’s revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 EPS.

Many Wall Street Analysts have commented on CBOE Holdings Inc. CBOE Holdings Inc was Upgraded by Wells Fargo to ” Outperform” on Oct 4, 2016. Shares were Downgraded by RBC Capital Mkts on Sep 27, 2016 to ” Sector Perform” and Lowered the Price Target to $ 68 from a previous price target of $78 .CBOE Holdings Inc was Upgraded by Credit Suisse to ” Neutral” on Sep 27, 2016.

CBOE Holdings Inc. is a holding company. The Companys principal business is operating markets that offer for trading options on various market indexes (index options) on an exclusive basis and futures contracts as well as on non-exclusive multiply listed options such as options on the stocks of individual corporations (equity options) and options on other exchange-traded products (ETP options) such as exchange-traded funds (ETF options) and exchange-traded notes (ETN options). The Company operates three stand-alone exchanges. CBOE is the Companys options market and offers trading in listed options through a single system that integrates electronic trading and open outcry trading. The options contracts listed for trading include options on indexes equities and ETPs.